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LIC Launches Nav Jeevan Shree Savings and Single Premium Plans

Detailed brochures are available on LIC’s website to mark the start of sales for the newly launched plans.

LIC Life Insurance Corporation (Photo:IANS)

Overview

  • Acting CEO Sat Pal Bhanoo unveiled two endowment‐style policies on July 4, 2025, combining life cover with structured savings.
  • Nav Jeevan Shree (Plan 912) offers regular premium payments tailored for younger customers aiming to build a secure financial corpus.
  • Nav Jeevan Shree Single Premium (Plan 911) enables a lump-sum investment to generate a targeted corpus alongside life insurance protection.
  • Both plans include guaranteed additions throughout the policy term to counter current volatility in interest rates.
  • The policies carry UINs 512N387V01 and 512N390V01, with full details now accessible online and sales already underway.